All of the following explain why purchasing power parity


All of the following explain why purchasing power parity does not completely explain long−run fluctuations in exchange rates except

A. some countries impose barriers to trade.

B. consumer preferences for goods and services differ across countries.

C. most countries have free markets with? little, if? any, government regulation.

D. not all goods and services produced in any country are traded internationally.

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Business Economics: All of the following explain why purchasing power parity
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